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Crane (NYSE: CR) CEO reports RSU vesting and tax-share disposition

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Crane Co. Chairman, President and CEO Max H. Mitchell reported equity compensation activity in the company’s stock. On February 12, 2026, 2,260 Restricted Share Units vested and were converted into an equal number of Crane common shares at an exercise price of $0.

In connection with this vesting, 1,048 common shares were disposed of at $200.61 per share to satisfy tax withholding obligations, a non–open-market transaction coded "F." Following these transactions, he directly owned 415,459 common shares and held 15,412 Restricted Share Units, with an additional 2,971 common shares held indirectly through a 401(k) plan.

Positive

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Negative

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MITCHELL MAX H

(Last) (First) (Middle)
100 FIRST STAMFORD PLACE

(Street)
STAMFORD CT 06902-6784

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Crane Co [ CR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/12/2026 M 2,260(1) A $0 416,507 D
Common Stock 02/12/2026 F 1,048 D $200.61 415,459 D
Common Stock 2,971 I 401(K)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Unit (2) 02/12/2026 M 2,260 (3) (3) Common Stock 2,260 $0 15,412 D
Explanation of Responses:
1. Represents vesting of 2,260 previously reported Restricted Share Units.
2. Restricted Share Units convert into common stock on a one-for-one basis.
3. Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
Remarks:
/s/ Attorney In Fact, Anthony M. D'Iorio 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Crane Co (CR) report for Max H. Mitchell?

Crane Co reported that Chairman, President and CEO Max H. Mitchell had 2,260 Restricted Share Units vest and convert into common stock. These units were previously granted equity awards that settled one-for-one in Crane common shares on February 12, 2026.

How many Crane Co (CR) shares were used to cover taxes in this Form 4?

The filing shows 1,048 Crane common shares disposed of at $200.61 per share. This transaction, coded "F," represents shares withheld to satisfy tax liabilities related to the Restricted Share Unit vesting, rather than an open-market sale.

How many Crane Co (CR) shares does Max H. Mitchell own after these transactions?

After the reported transactions, Max H. Mitchell directly owned 415,459 shares of Crane common stock. The Form 4 also reports 2,971 additional Crane shares held indirectly through a 401(k) plan, plus 15,412 remaining Restricted Share Units.

What do the Restricted Share Units in the Crane Co (CR) filing represent?

The Restricted Share Units represent equity awards that convert into Crane common stock on a one-for-one basis. The filing notes that these units vest ratably in four equal installments beginning on the first anniversary of the grant date, creating scheduled future share deliveries.

Was the Crane Co (CR) insider transaction a market purchase or sale?

No open-market trades were reported. The Form 4 shows an exercise or conversion of 2,260 Restricted Share Units at $0 and a tax-withholding disposition of 1,048 shares coded "F," which typically reflects shares withheld for taxes rather than a discretionary sale.

What is transaction code "M" in the Crane Co (CR) Form 4?

Transaction code "M" in the Form 4 indicates an exercise or conversion of a derivative security. Here, it reflects 2,260 Restricted Share Units converting into 2,260 Crane common shares at an exercise price of $0 as part of scheduled vesting.
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